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ARSH

Active Private limited companyfounded 1996active for 30 yearsJorezstraat 55, 1070 AnderlechtKBO/BCE: BE 0458.166.038
ARSH
Financial year 2025
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Annual accounts 2025

micro format, filed on 24-08-2026, 24 days late
€39,364
▲ 0.9%
€586
▼ 45.1%
€5,286
▲ 30.0%
€4,966
▲ 35.8%
92.5%
▼ 4.7 percentage points
7.80
▼ 7.69

Money flows

of every €100 of turnover, €0.67 remains as profit in 2025

Balance sheet

balance sheet total €38,032 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

92.5%

Higher than 95% of 5,946 companies in 2025.

7.80

Higher than 93% of 5,700 companies in 2025.

0.7%

Higher than 33% of 5,763 companies in 2025.

ARSH Middle half of the sector 80% of the sector Micro accounts in land transport (NACE 49)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620132012201120102009200820072006
Balance sheet: assets
20/58 38,03235,91245,26045,13442,38025,35824,61520,72417,72423,24829,10729,59230,81817,51716,78916,64320,13724,960
21/28 15,80020,50023,5005,4885,4887,95110,414-01982,6115,3178,2172245722592,258
22/27 15,80020,50023,5005,4885,4887,95110,414-01982,6115,3178,2172245722592,258
24 15,80020,50023,5005,4885,4887,95110,414001982,6115,3178,2172245722592,258
29/58 22,23215,41221,76039,64636,89217,40714,20120,72417,72423,24729,00926,98125,5019,30016,56416,07119,87822,702
29 --1,219---------------
290 --1,219---------------
40/41 20,31213,43119,09828,66821,61516,54013,91520,59017,58422,51219,97919,57618,5022,96010,0008,5508,6528,382
40 --5,000-----669597445691,210--102--
41 20,31213,43114,09828,66821,61516,54013,91520,59016,91521,91519,53419,50717,2912,96010,0008,4488,6528,382
54/58 460521489,79114,511---40-8,4407,0975611993061,3804,9747,933
490/1 1,4601,4601,3961,187766867286135997355903086,4386,1416,2586,1416,2516,387
Balance sheet: equity and liabilities
10/49 38,03235,91245,26045,13442,38025,35824,61520,72417,72423,24829,10729,59230,81817,51716,78916,64320,13724,960
10/15 35,18234,91745,26044,00241,87522,47719,95519,86517,60920,43722,55922,38622,33314,96716,26716,18416,12018,520
10/11 1,3951,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,395
100 -----18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
101 -----6,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,197
13 2,1162,1162,1162,1162,1162,1162,1162,1162,1162,1162,1162,1162,1162,1162,1165,3075,3075,307
130/1 1,8591,8591,8591,8591,8591,859------------
130 -----1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
1311 1,8591,8591,8591,8591,859-------------
132 256256256256256256256256256256256256256256256256256256
133 ---------------3,1913,1913,191
14 31,67231,40630,75029,49127,3657,9665,4455,3553,0995,9278,0497,8767,8224571,757-1,518-1,581818
17/49 2,850995-1,1325052,8824,6608591152,8116,5497,2068,4852,5495214594,0166,441
17 -----------------2,314
170/4 -----------------2,314
42/48 2,850995-1,1325052,8824,6608591152,8116,5497,2068,4852,5495214594,0164,126
42 ----------------2,3143,471
43 -----541,210629-1,017--------
430/8 -----541,210629-1,017--------
44 2,850995-1,1325052,8283,048230-1,4872,9872,0303091,7795214591,360112
440/4 2,850995-1,1325052,8283,048230-1,4872,9872,0303091,7795214591,360112
45 ------402-1153075622,1762,176---342543
450/3 ------402-1153075622,1762,176---342543
47/48 ----------3,0003,0006,000771----
Income statement
70 39,36439,013-----35,304---34,19345,19534,90030,56443,39342,57541,598
76A -6161,0461,483---1,470-1,0585006,0999474,064-1,5743,1422,444
9900 6,6025,6501,7222,97121,9395,6383,2143,674-1,5074,1964,588-16318,660-3,2931,769496-3305,551
60/61 32,76233,980-----33,100---34,35531,33038,19328,79642,89742,90536,048
62 -----------------336
630 4,7003,000--2,4632,4631,900-12,6622,5132,9952,9007083473472,3874,513
640/8 1,3161,5821,113520-3489581,1141,0449239641,4361,7771,2331,2141,1171,7291,089
9901 5861,0676092,45219,4762,8273562,560-2,5526121,111-4,59313,983-5,234208-969-4,447-388
75/76B ----------1,6331,652696-----
75 ----------1,6331,652696-----
65/66B 32141125120977123266304276231146104217131124541754741
65 32141125120977123266304276231146104217131124541754741
9903 2666573582,24319,3982,705902,256-2,8283803,0983,05315,410-1,3008464-2,0591,315
67/77 -----183-----75-2,045---341383
9904 2666573582,24319,3982,521902,256-2,8283803,1733,05313,365-1,3008464-2,400932
9905 2666573582,24319,3982,521902,256-2,8283803,1733,05313,365-1,3008464-2,400932
Appropriation of the result
9906 31,67231,40630,75029,49127,3657,9665,4455,3553,0995,92711,04910,87613,822457-1,434-1,518-1,581818
14P 31,40630,75030,39127,2497,966-------------
791/2 --------------3,191---
694/7 ----------3,0003,0006,000-----
695 ----------3,0003,0006,000-----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00417595.

Financial year Type Filed Reference Document
31-12-2025 micro format 24-08-2026 2026-00417595 PDF
31-12-2024 micro format 25-07-2025 2025-00307007 PDF
31-12-2023 micro format 02-08-2024 2024-00326976 PDF
31-12-2022 micro format 24-08-2023 2023-00349450 PDF
31-12-2021 micro format 19-08-2022 2022-20297452 PDF
31-12-2020 micro format 31-08-2021 2021-63000279 PDF
31-12-2019 micro format 08-10-2020 2020-60400076 PDF
31-12-2018 micro format 29-08-2019 2019-54600108 PDF
31-12-2017 micro format 24-08-2018 2018-49400060 PDF
31-12-2016 full format 29-08-2017 2017-53300136 PDF
31-12-2013 full format 29-07-2014 2014-36900371 PDF
31-12-2012 full format 29-08-2013 2013-50500097 PDF
31-12-2011 full format 30-08-2012 2012-48200211 PDF
31-12-2010 full format 26-07-2011 2011-34800208 PDF
31-12-2009 full format 31-07-2010 2010-36800378 PDF
31-12-2008 full format 27-08-2009 2009-64900190 PDF
31-12-2007 full format 29-08-2008 2008-71100101 PDF
31-12-2006 full format 28-08-2007 2007-61400221 PDF
31-12-2005 full format 11-08-2006 2006-62203088 PDF
31-12-2004 full format 30-09-2005 2005-74500451 PDF
31-12-2003 full format 13-09-2004 2004-64004415 PDF
31-12-2002 full format 07-07-2003 2003-40001709 PDF
31-12-2001 full format 03-10-2002 2002-62400659 PDF
31-12-2000 full format 30-10-2001 2001-67302280 PDF
31-12-1999 full format 03-10-2000 2000-60804175 PDF
31-12-1998 full format 10-09-1999 1999-45304595 PDF
31-12-1997 full format 02-07-1998 1998-28100159 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620132012201120102009200820072006
5,2864,067--21,9395,2902,256--2,5513,2733,624-1,59816,883-4,526555-621-2,0594,126
4,9663,657--21,8614,9841,990--2,8273,0425,6866,04916,265-592431411-125,445
0023,500-0012,314-0-028908,7000660388-
-61473-9,743-4,720------1,3436,536361-107-1,074-3,594-2,958-
19,38214,417-38,51336,38714,5259,54119,86517,60920,43622,46119,77517,0166,75116,04315,61215,86118,576
1.5%2.7%-----7.3%----13.4%30.9%-15.0%0.7%-2.2%-10.4%-0.9%
92.5%97.2%100.0%97.5%98.8%88.6%81.1%95.9%99.4%87.9%77.5%75.6%72.5%85.4%96.9%97.2%80.1%74.2%
7.8015.49-35.0173.036.043.0524.13-8.274.433.743.013.6531.7835.034.955.50
0.080.03-0.030.010.130.230.040.010.140.290.320.380.170.030.030.250.35
0.8%1.9%0.8%5.1%46.3%11.2%0.5%11.4%-16.1%1.9%14.1%13.6%59.8%-8.7%0.5%0.4%-14.9%5.0%
0.7%1.8%0.8%5.0%45.8%9.9%0.4%10.9%-16.0%1.6%10.9%10.3%43.4%-7.4%0.5%0.4%-11.9%3.7%
16.499.90--over 100-------------
188 days126 days-----213 days---1 day10 days31 days119 days1 day74 days74 days
32 days11 days-----3 days---22 days4 days17 days7 days4 days12 days1 day

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€23,500--
€4,700€3,000--€2,463

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ARSH

The operating result for 2025 is 45% lower than in 2024 and the lowest since 2019.

Debt's share of the balance-sheet total rises from 2.8% to 7.5%. Equity and debt are higher.

Next steps

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